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CBC News

Why is it so hard to bring the cost of groceries down?

CBC News · 2 months ago
CBC News
CBC News
2 months ago

The federal government has proposed an increase to GST rebates, along with about $750 million to help businesses address future supply chain issues, but Calgary economists say the moves won't lower grocery prices.

Breakdown
  • Federal government proposes 25% GST credit increase for five years
  • $750 million allocated to address supply chain issues 8s
  • Economists doubt these measures will lower grocery prices 18s
  • Calls to expand local food terminals and invest in supply chains 42s
  • More grocery stores and competition could help reduce prices 1m 46s
Food & DietShoppingEconomy